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Unipro Technologies' board, at its meeting on 11 February 2026, approved unaudited financial results for Q3 FY26 (quarter ended 31 December 2025), showing revenue from operations of ₹41.43 lakhs and a small profit before tax of ₹0.43 lakhs, recovering from a ₹27.83 lakh loss in the previous quarter. However, losses for the nine months stood at ₹19.41 lakhs versus ₹5.93 lakhs a year ago. The board also noted three Independent Director resignations – Somshekar Shreeramula (effective 7 Feb 2026), Kankanam Ramgopal Reddy and Mallikarjun Reddy Barenkabavi (both effective 9 Feb 2026) – citing personal reasons and other commitments. The company subsequently admitted on 5 March 2026 to a delay in disclosing these resignations to the exchange, blaming 'inadvertent administrative oversight.' Additionally, a long-pending resignation of Director Pradeep Kamisetti Kumar dating back to 5 October 2017 has now also been formally disclosed, raising governance red flags.
Multiple Independent Director exits within days and a delayed disclosure of resignations (including one nearly 8.5 years old) point to significant board-level governance concerns that may worry shareholders despite the modest quarterly return to profitability.